What is Cost Adjustment in FA

[mm_abbas]

at what point in FA we give the status of cost adjustment???

Regards
Mazahir Abbas[:)]

[tgs100]

Are you talking of 'cost adjustment' status in mass additions?

Cheers,
Saravanan

[mm_abbas]

yes, I am talking about in Mass addition in FA

[tgs100]

This is used when you add the extra costs incurred to the existing asset. For example, you import an asset worth USD 5000 from supplier X1. There are other expenses like Insurance, customs clearance, Inspection, installation, etc. Different vendors are involved to bring the asset to the company and complete the instalation.

First you will add the asset with asset cost as USD 5000. Then when you get the invoice for other expenses, these costs should be added to the same asset using 'Cost Adjustment'.

Cheers,
Saravanan